Comments invited on proposed 2010 IFRS XBRL taxonomy
21 Feb, 2010
The IASC Foundation invited comment on the proposed IFRS XBRL taxonomy for 2010. The proposed taxonomy is consistent with both full IFRSs and the IFRS for Small and Medium-sized Entities.
A separate taxonomy for the IFRS for SMEs will not be issued. The IFRS Taxonomy 2010 is a translation of IFRSs as issued at 1 January 2010 into XBRL (eXtensible Business Reporting Language). Comments on the proposed IFRS Taxonomy 2010 are invited by 22 April 2010. The proposed taxonomy and related material can be accessed Here. The final version is expected to be released at the end of April 2010.